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ZuluTrade is a software company that operates an online and mobile social and copy trading platform. The platform allows users to mimic trades on the forex markets made by often more experienced traders. The concept was then put into beta in In May , ZuluTrade announced a strategic partnership with SpotOption to create a social trading platform for binary options. The designation made the company a licensed portfolio management company in the EU. The ZuluTrade service is a social and copy trading online platform that allows users to mimic the investing strategies of trading "experts" in forex markets.
Signal providers are generally traders that have developed a strategy willing to share and can be copied by their followers. The platform also has several features, including ZuluGuard, that automatically unfollows a signal provider if their trading strategies change.
Lock Trade allows users to verify the execution of a trade after the signal has been received. The website also features several social network -like features including comments and forums. ZuluTrade provides rankings of investor performance and allow investors to immediately observe and copy other trader's portfolios. From Wikipedia, the free encyclopedia. Retrieved 11 November The Wall Street Journal. Retrieved 9 February Social Science Research Network.